$Delfi(P34.SG)Context: The consumer staples and confectionery sector in Southeast Asia faces persistent margin pressure …
$Delfi(P34.SG)
Context: The consumer staples and confectionery sector in Southeast Asia faces persistent margin pressure as high cocoa input costs continue to weigh on short-term corporate profitability.
My trade: Holding shares of Delfi (P34) at an average cost of 0.793 SGD, managing a position drawdown of -14.88% as the market price trades down to 0.675 SGD.
Takeaway: Next time, I will set pre-planned stop-loss levels and re-evaluate soft commodity price impacts before adding to positions in cyclical consumer goods.
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